Gust

APRIL 27, 2014

Software Development Process via Wikipedia. Develop your business plan. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Gust

APRIL 28, 2022

Every early-stage startup has a unique set of constraints it must deal with and trade-offs that must be made along the way to launch its product into the market. From product development, to legal, to go-to-market strategy, even the most seasoned startup founder can make potentially business-crushing missteps.

Product 91

Product Early Stage Product Development Founder 91

Gust

OCTOBER 6, 2011

I can’t count the times I heard people saying that “product development defines the product, and marketing gets the customers”. It is shocking to me how prevalent this POV is. Always in this sequence. There are several factors to potentially explain this perception. It’s almost counter-intuitive.

Acquisition 87

Acquisition Marketing CPA PPC 87

Gust

SEPTEMBER 25, 2012

Almost a quarter of all startups have a product in development stage, regardless of industry and country location, and less than 10% have a product that is fully ready. If we zoom into the US, we find California is the leading state across all stages, which includes products in concept, development, fully ready, and revenue.

Brazil 134

Brazil India Startup Florida 134

Gust

MAY 11, 2014

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid.

Seed Money 164

Seed Money SBIR Dilution Government 164

Gust

OCTOBER 31, 2011

Their perspective is that these entrepreneurs need only to sell themselves, but shouldn’t need capital up front for product development or manufacturing. Another reality is that angel investors and venture capital groups almost never invest in a services-only company.

Angel Investor 143

Angel Investor Venture Capital Partner Networking 143

Gust

DECEMBER 5, 2011

Too many entrepreneurs develop a new product without regard for market demand , then build an entire strategy based on creating a need, rather than acting on an existing market need. Investors characterize this approach as a “solution looking for a problem.” These don’t get funded.

Technology 167

Technology Angel Investor Early Stage Viral 167